MGT for JNPT?

Jawaharlal Nehru Port (JNP) on India’s west coast, which will soon invite bids for the conversion of a disused bulk terminal into a container terminal, may switch from a revenue sharing formula to a minimum guaranteed throughput (MGT) method when it awards the concession to develop the facility.

When requests for qualification from potential bidders were first issued, the port authority had decided to offer the terminal to private operators on lease for a period of 30 years on a build, operate and transfer (BOT) basis. It was made clear at the time that potential operators should set out revenue sharing terms in their price bids....

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This complete item is approximately 335 words in length, and appeared in the August 2003 issue of WorldCargo News, on page 9.

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